In accordance with I.C. 36-7-12-12, the Economic Development Commission shall meet within 30 days after its creation and at that first meeting elect a president, vice-president, and secretary. It shall then immediately undertake the duties imposed by law. The Commission shall hold reorganization meetings during February of each year. The Commission and the members shall have all the powers and duties imposed by I.C. 36-7-12-l et seq. and this chapter and by amendments to either that statute or this chapter. The Commission may adopt such bylaws and rules as are not prohibited by law and as are found desirable to facilitate the conduct of its business and the accomplishment of its purpose.
(Ord. 1397, passed 11-12-73)